Accurate inventory management, maximum utilization of shelf-space, appearance that promotes sales recurring orders
Business Model: SAAS
Revenue: $0
Employees: 11-50
Address:
City: Tel Aviv-yafo
State: Tel Aviv
Zip:
Country: Israel
Efficiency in every aspect of your business. Algoretail is a technology provider that brings innovation to the world of retail and offers groundbreaking methods for managing inventory and shelves. With Algoretail, the change is felt in every aspect – from shelf appearance, product quality, management of orders according to forecasted demand and sales trends, to an actual more efficient workers - all in Real Time. From the the stockroom to the shelf and shopping cart, we believe that an efficient and profitable management is one that favors numbers over guesswork and automation over speculation. * Fully stocked shelves, neat aisles and an organized stockroom * Optimal quality of goods based on ‘best before’ dates, and reduction of waste * Stock balance - No overstocking and never out-of-stock * Dynamic planogram that’s constantly updated in real time Optimize Algoretail optimizes processes in your store in real time, from the receipt of goods and stockroom management to shelf-stocking, while making adjustments according to inventory, demand and sales. Organize The optimization processes organize and structure the work of shelf-stockers and stockroom workers, which in turn improves shelf management and overall appearance, making stocking more organized, efficient and accurate. Profit Algoretail’s solution Increases profit margin by improving OSA (On-shelf Availability), bettering the workers’ productivity and reducing waste.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2021 | Seed Round | $5M |
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